Endogeneous outsourcing and vertical integration with process R&D

Rossini, Gianpaolo ; Lambertini, Luca (2003) Endogeneous outsourcing and vertical integration with process R&D. DOI 10.6092/unibo/amsacta/612.
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Abstract

According to received literature, vertical integration may enjoy a social superiority due to the ability to internalize the externality that goes back from the pricing policy of the downstream firm to the profits of the upstream firm. We challenge this result introducing process R&D in a broad set of scenarios with vertically symmetric and asymmetric R&D commitments. In some of these contexts a reversed sequence of socially desirable vertical arrangements arises, making out-sourcing superior. In other circumstances disintegration is privately superior but socially in efficient. Finally, vertically asymmetric costs of R&D are considered to allow for a wider range of applications.

Abstract
Tipologia del documento
Monografia (Working paper)
Autori
AutoreAffiliazioneORCID
Rossini, Gianpaolo
Lambertini, Luca
Parole chiave
Vertical Integration Process R&D.
Settori scientifico-disciplinari
DOI
Data di deposito
17 Giu 2004
Ultima modifica
31 Ott 2012 09:18
URI

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